Charlotte

Charlotte considering bid for major Boeing plant

December 5, 2013

(The Charlotte Observer)

Charlotte city officials have until Tuesday to submit a proposal to Boeing for a manufacturing plant for its new 777X jetliner, a project which could create over 8,000 jobs. The aerospace company is soliciting requests from more than a dozen cities and states.

Lincoln County residents speak out against proposed solar farm

December 5, 2013

(The Charlotte Observer)

At a six-hour meeting on Tuesday, Lincoln County residents voiced opposition for a 36-acre solar farm proposed by Chapel Hill-based Strata Solar, saying the project is a bad fit for the area. Several hundred residents attended the meeting, while only one spoke out in support of the Lake Norman project.

Claremont trucking company expands into Charlotte

December 4, 2013

(Hickory Daily Record)

Cargo Transporters Inc. is building a trucking terminal in Charlotte and plans to hire at least 50 drivers over the next 10 months. The company plans to purchase 165 new trucks and 200 new trailers, both as replacements for older equipment and for new growth.

Duke Energy honors Rogers by renaming power plant after him

December 4, 2013

(The Charlotte Observer)

Charlotte-based Duke Energy has renamed its Cliffside power plant in Rutherford and Cleveland counties in honor of outgoing board chairman and former president and CEO Jim Rogers, who plans to retire at the end of December. The power plant will be called the James E. Rogers Energy Complex.

Food Lion introduces new store format in Concord

December 4, 2013

(The Salisbury Post)

Salisbury-based Food Lion unveils a new format today at one of its Concord stores. New features include thousands of new product varieties, a walk-in produce cooler and new "grab and go" food selections.

New Gaston endoscopy center to open as CaroMont appeal denied

December 4, 2013

(The Charlotte Observer)

The North Carolina Court of Appeals rejected the effort of CaroMont Health to prevent a group of five Gaston County gastroenterologists from opening an outpatient endoscopy center that would compete with Gaston Memorial Hospital, which is owned by CaroMont.

Bank of America will pay $404 million to Freddie Mac

December 3, 2013

(The Charlotte Observer)

Charlotte-based Bank of America said Monday it will pay Freddie Mac $404 million to resolve all outstanding requests for the bank to buy back defective mortgages it sold Fannie Mae and Freddie Mac between 2000 and 2009.

Charlotte printing company teams up with Minnesota firm

December 3, 2013

(The Charlotte Observer)

Charlotte-based Classic Graphics, which employs 320 at its offices in Charlotte and Raleigh, is combining with Minneapolis-based Imagine! Print Solutions, which employs about 1,000. Terms of the deal were not disclosed, but Classic CEO David Pitts will stay on in the leadership position and no job cuts are expected at the company's Charlotte headquarters.

Belk website running normally after Black Friday shutdown

December 3, 2013

(The Charlotte Observer)

A spokesman from Belk Inc. says the retailer's website is fully functional again after experiencing outages on Black Friday due to heavy traffic. The company extended special offers and pricing through Sunday and also honored discounts in its brick-and-mortar stores.

Airline merger set to close on Dec. 9

December 2, 2013

(The Charlotte Observer)

The merger between American Airlines and US Airways is scheduled to close on Dec. 9, creating the world's largest airline. Charlotte Douglas International Airport will be its second-busiest hub behind Dallas/Fort Worth; US Airways CEO Doug Parker will lead the combined airline.

Charlotte developer to build two 10-story SouthPark office towers

December 2, 2013

(The Charlotte Observer)

Real estate development firm Lincoln Harris is building two 10-story office towers in Charlotte's SouthPark area. Construction is scheduled to begin this spring on the two buildings, which will each contain about 240,000 square feet of space.

Charlotte-based Carolina Premier Bank to change name, expand product offerings

December 2, 2013

(The Charlotte Observer)

Carolina Premier Bank announced last week it will switch from operating under a North Carolina charter to a national charter and will change its name, pending regulatory approval. The Charlotte-based bank, which serves small businesses and individuals, said the national charter will help it expand insurance, wealth management and mortgage product lines.

Catawba officials to consider Claremont manufacturing shell

December 2, 2013

(Hickory Daily Record)

Catawba County commissioners will meet to decide whether to support a proposal for a 51,200-square-foot manufacturing building in Claremont International Business Park. BG&A Properties LLC wants to build the shell structure with the hope of attracting new industry to the area.

Lufthansa will continue Charlotte-Munich flights

November 27, 2013

(The Charlotte Observer)

A spokesman from Lufthansa said the airline will continue its daily nonstop flights between Charlotte and Munich once the merger is complete between American Airlines and US Airways. Direct flights to Germany are popular, as nearly 200 German companies have operations in the Charlotte area.

Charlotte Chamber says 1,000 new jobs coming to city

November 26, 2013

(The Charlotte Observer)

Officials from the Charlotte Chamber said recruitment efforts will bring about 1,000 new jobs and more than $240 million in investment to the city over the next few weeks and months. The Chamber said it has brought 7,208 new jobs this year, beating its goal of 5,100.

PNC Bank acquires naming rights to Charlotte concert venue

November 26, 2013

(The Charlotte Observer)

Charlotte's Verizon Wireless Amphitheater will become PNC Music Pavilion as a result of a multi-year deal Pittsburgh-based PNC Bank has secured with the concert venue's owner, Live Nation Entertainment. 

Evidence growing to support link between coal ash and groundwater contamination

November 25, 2013

(The Charlotte Observer)

A number of state and advocates' lawsuits are causing Duke Energy to make concessions regarding allegations coal ash stored at its North Carolina power plants can contaminate groundwater and threaten public health. 

Shelby fiber-optic company adds digital mapping services

November 25, 2013

(The Shelby Star)

RST Global Communications, a Shelby-based fiber-optic service network, has formed a new company, RST GEO, to provide digital mapping of construction projects for utilities, oil and gas companies, railroads and other industries.

Bank of America says it shouldn't be fined in Countrywide case

November 22, 2013

(The Charlotte Observer)

In a court filing this week, Charlotte-based Bank of America said it should not have to pay penalties over losses incurred by Sallie Mae and Freddie Mac over loans sold to them by the bank's Countrywide Financial Corp. unit. The federal government is seeking $864 million in fines.

Judge rejects Chiquita's bid to stop release of Colombia records

November 22, 2013

(The Charlotte Observer)

A federal judge has refused Chiquita Brands International's request to stop the U.S. Securities and Exchange Commission from releasing documents containing information on payments the Charlotte-based company made to Colombian terrorist groups. A Chiquita spokesman says the company will appeal the ruling.